tag:blogger.com,1999:blog-8305505968390768234.post5175835205323140410..comments2023-08-10T11:39:24.714-04:00Comments on fdralloveragain: US Government Scrambles to Limit its Oil Liabilityfdralloveragainhttp://www.blogger.com/profile/03488923148019117760noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-8305505968390768234.post-61021222866854301602010-06-22T09:03:54.178-04:002010-06-22T09:03:54.178-04:00http://pragcap.com/when-will-the-bond-auctions-beg...http://pragcap.com/when-will-the-bond-auctions-begin-to-fail<br /><br />Will you help me with this?John Krusehttps://www.blogger.com/profile/14833593239281416815noreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-724688058143952272010-06-22T08:16:58.065-04:002010-06-22T08:16:58.065-04:00FDR any update on the dollar? The dollar index has...FDR any update on the dollar? The dollar index has moved down sharply from 89 levels to 85.Is this inline with your fractals or you think the dollar upmove is about to resume unleashing caszilla as it unfolds?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-68990492464959558662010-06-19T16:17:25.850-04:002010-06-19T16:17:25.850-04:00"If the government cannot print money, then h..."If the government cannot print money, then how do we keep paying the interest on our debt and all the other liabilities that go into running the government. Isn't monetizing debt the same as printing money"<br /><br />No, because the Federal Reserve prints the cash that buys the bonds to finance deficit spending. We then owe the private Fed's shareholders that money (they print cash, we owe them money, I'm using different terms deliberately) plus interest. The net change for the government is a huge loss of money, the net change for the Fed is a huge gain of money (the interest on cash they printed).fdralloveragainhttps://www.blogger.com/profile/03488923148019117760noreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-53622858128727956742010-06-16T19:50:41.197-04:002010-06-16T19:50:41.197-04:00http://www.zerohedge.com/article/mr-denninger-and-...http://www.zerohedge.com/article/mr-denninger-and-gold-–-part-deux-or-rebuttal-all-fiat-money-apologistsJohn Krusehttps://www.blogger.com/profile/14833593239281416815noreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-17847712295021732202010-06-14T09:15:39.783-04:002010-06-14T09:15:39.783-04:00If the government cannot print money, then how do ...If the government cannot print money, then how do we keep paying the interest on our debt and all the other liabilities that go into running the government. Isn't monetizing debt the same as printing money?John Krusehttps://www.blogger.com/profile/14833593239281416815noreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-68475629315897656162010-06-13T07:41:49.873-04:002010-06-13T07:41:49.873-04:00Thanks for the article. This thing is what is goi...Thanks for the article. This thing is what is going to carry us through the next, long leg down. <br /><br />I read a disturbing article, and sorry but I don't have the link, saying that once enough oil comes out one would think that there would be an empty cavity, and once the pressure of the oil isn't enough to keep the mile of water out, that would cause a sudden splash right in our bowl. <br /><br />Consider how powerfull ocean tsunamis are. Now take that same power and concentrate it in a small area, and even more, almost enclosed. <br /><br />Add oil to the mix.<br /><br />On a side note I have to wonder if Haiti prepared for this hurricane season or are they still living in tents?Anonymousnoreply@blogger.com